Center for American Progress

: State Policy Efforts To Improve Prescription Drug Affordability for Consumers
Past Event


State Policy Efforts To Improve Prescription Drug Affordability for Consumers

Join the Center for American Progress for a virtual discussion with state officials on initiatives to lower pharmaceutical costs and improve affordability and access.

Unsustainably high prescription drug prices threaten Americans’ access to care. In 2023, 28 percent of adults reported difficulty affording their prescription drugs, and 3 in 10 reported not taking their medication as prescribed due to cost. In response, state policymakers are exploring a range of options to protect patients from high out-of-pocket drug costs.

Join the Center for American Progress on June 20, 2024, from 1:00 to 2:00 p.m. EDT to learn more about state reforms to improve prescription drug affordability, including through establishing prescription drug affordability boards, setting out-of-pocket cost caps, and entering into bulk purchasing agreements. 

  • Dr. Andrew York, executive director of the Maryland Prescription Drug Affordability Board, will provide an overview of the board’s cost review study process, including the recent selection of six drugs for cost review. 
  • Shabnam Salih, director of the New Jersey Governor’s Office of Health Care Affordability and Transparency, will discuss enacted legislation (S1614 and S1615) that capped monthly out-of-pocket costs for insulin, EpiPens, and asthma inhalers as well as established a Drug Affordability Council.
  • Dr. Beth Slamowitz, senior policy adviser on pharmacy at the Nevada Department of Health and Human Services, will discuss Nevada’s experience as a member of ArrayRx (previously Northwest Prescription Drug Consortium) and the impact of bulk purchasing on prescription drug affordability.

Explore The Series

The back of a man holding a cane in his left hand is seen at a pharmacy counter with a pharmacy worker in the background.

The Center for American Progress is dedicated to bolstering affordable, high-quality health care and health insurance coverage. Many Americans, even those with comprehensive insurance, struggle to afford their premiums and out-of-pocket costs. In response, state policymakers are increasingly prioritizing policies that both address the drivers of high costs—in particular, high health care prices—and improve the out-of-pocket affordability of health care for individuals and families.

This five-part series highlights specific actions states are taking to make health care out-of-pocket costs more affordable and advance access to care, including through:

  1. Lowering out-of-pocket cost sharing in Affordable Care Act (ACA) marketplace insurance
  2. Enhancing consumer protections and improving the value of insurance
  3. Lowering the costs of prescription drugs
  4. Averting and alleviating medical debt
  5. Limiting prior authorization

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